Pub. 11 2020 Issue 2

www.wvbankers.org 4 West Virginia Banker 20 CONTENTS The West Virginia Banker magazine was recognized with an Award of Distinction in the Overall Design Category. The Communicator Awards are the leading international creative awards program honoring creative excellence for communication professionals. Founded over two decades ago, The Communicator Awards are an annual competition honoring the best in advertising, corporate communications, public relations and identity work for print, video, interactive and audio. The 24th Annual Communicator Awards received over 6,000 entries from top ad agencies, interactive agencies, production firms, in-house creative professionals, graphic designers, design firms, and public relations firms around the world. 6 ©2020 The West Virginia Bankers Association | The newsLINK Group, LLC. All rights reserved. West Virginia Banker is published four times each year by The newsLINK Group, LLC for the West Virginia Bankers Association and is the official publication for this association. The information contained in this publication is intended to provide general information for review, consideration and education. The contents do not constitute legal advice and should not be relied on as such. If you need legal advice or assistance, it is strongly recommended that you contact an attorney as to your circumstances. The statements and opinions expressed in this publication are those of the individual authors and do not necessarily represent the views of the West Virginia Bankers Association, its board of directors, or the publisher. Likewise, the appearance of advertisements within this publication does not constitute an endorsement or recommendation of any product or service advertised. West Virginia Banker is a collective work, and as such, some articles are submitted by authors who are independent of the West Virginia Bankers Association. While West Virginia Banker encourages a first-print policy, in cases where this is not possible, every effort has been made to comply with any known reprint guidelines or restrictions. Content may not be reproduced or reprinted without prior written permission. For further information, please contact the publisher at: 855.747.4003. 6 A Message From the Chief Executive: Bankers are the Unsung Heroes of the Pandemic By Sally Cline 8 Community Corner: COVID-19 Features 12 Member Focus: City National Bank 18 Managing Bank Liquidity and Performance After COVID-19 By Andrew Okolski, The Baker Group 20 Banks Given Green Light for Small-Dollar Loans in Response to COVID-19 By Sandra M. Murphy, Esq. and Amy J. Tawney, Esq., Bowles Rice 24 Rescuing the Small Business: Subchapter V By Debra Lee Allen, Spilman Thomas & Battle, PLLC 27 Navigating Loan Modifications in Response to COVID-19 By Kelly Shafer, Suttle & Stalnaker, PLLC 28 Accounting Issues Impacting Financial Institutions During COVID-19 By Patrick McGraw, Arnett Carbis Toothman LLP 32 Make Time for Your Member of Congress By Allison Karakis, FHLBank Pittsburgh 34 Calendar of Events